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Shares of InterGlobe Aviation ended nearly 1 per cent lower on Thursday after the Competition Commission ordered a detailed probe against IndiGo for unfair business practices.
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News and Media
RVNL posted modest Q3FY26 profit growth despite weak margins, as expenses rose faster than revenue. Net profit increased 4% year-on-year to Rs 324 crore, while revenue grew 3%. Higher project costs kept profit before tax largely flat during the quarter.
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News and Media
Hindustan Copper Q3 Results: Hindustan Copper reported a 149% YoY jump in Q3 net profit to Rs 156 crore, with revenue doubling to Rs 687 crore. Sequentially, profit dipped 16% on softer topline. The company declared a Re 1 interim dividend with February 13 as the record date for the payout.
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News and Media
Blackstone is preparing PGP Glass for a public listing. Axis Capital, Bank of America, and HSBC are appointed as lead bankers. The company aims to raise between $400 million and $500 million. PGP Glass is a global specialist in glass packaging solutions. It serves customers in cosmetics, spirits, and pharmaceuticals. The company has operations in India and Sri Lanka.
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News and Media
SBI PSU Fund has emerged as the top performing equity mutual fund over three and five years, riding a strong rally in public sector stocks. Experts assess whether earnings momentum, sector re rating and government support can sustain returns amid post Budget 2026 volatility and rising valuation concerns.
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News and Media